Headlines

Jeweler Sentenced to 270 Days in Jail for Stealing from Clients

He’s also making restitution.

Published

5 years ago

May 15, 2019

INSTORE Staff

A jeweler in Irvine, CA, has been sentenced to 270 days in jail for stealing rings from customers.

Daniel Cervantes, 30, admitted to 14 counts of grand theft and eight counts of petty theft, MyNewsLA.com reports.

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Cervantes operated Cervantes Jewelers and Diamonds are Forever.

As part of a plea agreement, his sentence will allow him “time to pursue house arrest or doing his time in a city jail on a schedule that allows him to keep working,” according to the news outlet.

Cervantes has paid more than $21,000 in restitution to victims and is expected to continue maing payments.

The customers had asked Cervantes to perform jobs such as resizing or polishing the rings. One of the pieces was an heirloom engagement ring dating to 1892.

Cervantes was arrested in February 2017.

Read more at MyNewsLA.com

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When There’s No Succession Plan, Call Wilkerson

Bob Wesley, owner of Robert C. Wesley Jewelers in Scottsdale, Ariz., was a third-generation jeweler. When it was time to enjoy life on the other side of the counter, he weighed his options. His lease was nearing renewal time and with no succession plan, he decided it was time to call Wilkerson. There was plenty of inventory to sell and at first, says Wesley, he thought he might try to manage a sale himself. But he’s glad he didn’t. “There’s no way I could have done this as well as Wilkerson,” he says. Wilkerson took responsibility for the entire event, with every detail — from advertising to accounting — done, dusted and managed by the Wilkerson team. “It’s the complete package,” he says of the Wilkerson method of helping jewelers to easily go on to the next phase of their lives. “There’s no way any retailer can duplicate what they’ve done.”